When assessing the fixed-payment coverage ratio, ________
A) the lower its value the more risky is the firm
B) the lower its value, the higher is the firm's financial leverage
C) preferred stock dividend payments can be disregarded
D) the higher its value, lesser is its reliability to pay up the debts
A
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Excluding some revenues, expenses, gains, losses from the earnings figure calculated using generally accepted accounting principles is an example of
a. income smoothing. b. "big bath" accounting. c. a "cookie jar" reserve. d. proforma earnings.
Which of the following is a cash outflow for a financing activity on the statement of cash flows?
A) purchase of long-term investments, such as the stock of another company B) loans made to another party C) purchase of treasury stock D) purchase of land
Teaching employees to take actions to continually improve their processes is associated with which of the 6-E’s of Lean?
a. Enlist b. Enable c. Engage d. Encourage
Martin files a suit against Nichelle in a state court over payment due on a short-term employment contract. The case proceeds to trial, after which the court renders a verdict. The case is appealed to an appellate court. After its review of Martinv. Nichelle, the appel¬late court upholds the lower court's verdict. The appellate court has
a. affirmed the case. b. reversed the case. c. remanded the case. d. reversed and remanded the case.